Linden Town Week to go ahead! Returning Lindeners could spend US$1m …Linden Fund, USA Chairman

In the wake of the ongoing controversy governing the staging of the Linden Town Week 2007 Stabroek Business has learnt that the Interim Management Com-mittee of the Linden Mayor and Town Council will assume overall management responsibility for the running of the Town Week programme but that various private organizations will be invited to submit bids to finance and run individual events comprising the programme.

Customer Service

With Cricket World Cup coming in a few months, our businesses customer service will be tested for the first time by the international community on a large scale.

Banks Barbados, Banks DIH Ltd collaborate to launch new energy drink

Banks Barbados Head Brewer Steven Gittens has told Stabroek Business that his technical role in supporting the brewing exercise prior to last Friday’s launch by the local company of the new energy drink Plus Energy breaks new ground in a long history of cooperation between the two companies.

Bryden & Fernandes Inc. looking to ‘take on’ more distributorships in 2007

Like most local business houses contemplating the implications of the January 1, 2007 introduction of the new Value Added and Excise Tax, Bryden and Fernandes Inc, one of the country’s largest distributors of household and food products is cautious about its business projections for the year ahead.

Pre-World Cup city cleanup: “We’re cutting it fine,” Lewis

With Cricket World Cup 2007 now just two months away the financial crisis gripping the Georgetown City Council continues to cast a huge pall of uncertainty over the likely success of what is clearly a “last ditch” effort to at least render the capital presentable for the Guyana leg of the world’s largest international cricket tournament.

VAT: Lowering consumer costs is the highest priority

Although the government had said prior to the implementation of Value Added Tax (VAT) that the initial phase of the exercise was unlikely to pass without some hiccups, one wonders whether even the Guyana Revenue Authority (GRA) had anticipated the widespread and animated public response and the level of general concern that has ensued.

Stock market updates

Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.

VAT fallout

Earlier this week the Guyana Revenue Authority and sections of the local private sector- specifically the Georgetown Chamber of Commerce- clashed head-on over the implementation of the new Value Added Tax (VAT) with both sides trading accusations about the veracity of each other’s actions.

Banks DIH group profits for 2006 down from $823m to $781m

Chairman of Banks DIH Ltd Clifford Reis says in his report on the performance of the company for the year ended September 30, 2006 that the failure of the Government of Guyana to honour its obligations for the repayment of bonds to Citizens Bank Guyana Inc was the primary reason for the less than anticipated level of after tax profit achieved by the bank in 2006.

Town Week impasse could rob Linden of much-needed economic activity

The controversy between the Interim Management Com-mittee of the Linden Mayor and Town Council and the Kashif and Shanghai Organization over the payment to the Council of fees for the staging of the 2007 Linden Town Week may rob the entire community of the economic benefits that could derive from the successful staging of the event, according to Director of the Kashif and Shanghai Organization Kashif Mohammed.

German US$10,000 grant to push local bee keeping industry

The third phase of a project initiated by Prime Minister Samuel Hinds that seeks to create a commercial honey-producing capacity among residents of the Upper Mazaruni has been completed according to Project Coordinator Linden Stewart.

ICTs in Government Pt. II

Last time we saw that Government initiatives to automate and streamline its services fell into three classifications viz., those initiatives aimed at ordinary citizens or for short G2C initiatives, those that addressed issues related to business called G2B and lastly those referred to as G2G, which foster communication and between government agencies themselves in an effort to improve efficiency and provide better service.

Where is your Business?

Basically, every organization, from a one person start-up to multibillion dollar conglomerates, is at some phase of a business growth or development cycle.

Non-traditional agri exports up slightly

Exports of non-traditional agricultural produce increased last year over the previous year by 165 tonnes contributing US$6 million ($1.2 billion) to the country’s export earnings.

Stock market updates

Notes 1 – Interim results 2 – Prospective EPS: earnings per share for 12 months period to the date the latest financials have been prepared.